Mehen Is The First USD-Backed Stablecoin On Cardano

By akohad Mar27,2024

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The Cardano community celebrates as Mehen’s USDM, the pioneer USD-backed stablecoin within the Cardano network, was successfully launched on March 16, 2024. The onboarding process for institutional customers commenced on March 18, marking the official on-chain debut of USDM. Although the initial launch was planned for December 19, 2023, the Mehen team had to postpone it. Fortunately, the second…

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By akohad

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